In a limited partnership, the limited partner: a) cannot actively participate in the management of the partnership.

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In a limited partnership, the limited partner:

a) cannot actively participate in the management of the partnership.

b) can only invest their money in the company for a limited time period.

c) cannot own more than 10 percent of the company's stock.

d) has the right to participate fully in managing the partnership.

Related Book For answer-question

Smith and Roberson Business Law

ISBN: 978-0538473637

15th Edition

Authors: Richard A. Mann, Barry S. Roberts

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Posted Date: Jan 01, 2024 03:48 AM

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In a limited partnership, the limited partner: a) cannot actively participate in the management of the partnership.

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Smith and Roberson Business Law

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